Pensions

We offer an integrated service that focuses on each individual's needs and plans. That may entail advising on pensions and estate planning; looking at how your savings could be affected by the tax laws of different jurisdictions; pensions in the context of a divorce settlement; or, managing a change in employment.

Where a bespoke solution is needed, we have the knowledge and experience to craft one. As an international firm we are adept at helping people who have interests in different countries or who do not intend to remain in the UK for retirement. Senior advertising executives often consult our team on contracts and share options when they move between agencies. Our team also has the expertise to advise on more complex scenarios, including in relation to international pension plans and other offshore arrangements, and always stay at the forefront of the latest developments. 

Advice for employers

We provide a full-spectrum service to employers, from setting up pension schemes to handling legacy arrangements. Our reputation is such that we are often asked to advise other professional services firms on their own pension arrangements. We are particularly adept at helping employers balance their pensions and life assurance commitments with their key objectives.

We help clients meet their auto-enrolment requirements and where a company is concerned to help senior executives benefit in a tax-efficient way, we can advise on solutions. Excepted group life schemes are, for example, commonly used to provide lump sum death benefits, which are outside the scope of the lifetime allowance. We have advised numerous clients on how to amend their pension contribution arrangements for high earners affected by the tapered annual allowance.

We also have nearly two decades of experience advising employers on legacy final salary schemes, including negotiating with the scheme's board of trustees in relation to funding and governance requirements and updating scheme rules in line with the latest statutory changes. In particular, we can help clients plan for funding risks. 

Advice for intermediaries

Pensions advisors, wealth managers and consultants frequently call on us for legal support. Our in-depth understanding of scheme rules and governance means that we are able to assist with the development of new products, such as excepted group life trusts and self-invested personal pensions (SIPPs) – providing not just documentation but also insights into the requirements of successful people.

We can also help pensions advisors to speak with confidence about the options available to their clients – for example, if an overseas saver has a sizeable UK pension and has questions on the tax implications of drawing it abroad.